definition
strict definition
financing
A company which supplies the loan or mortgage for a structure's development and construction.
A financing company is the individual, firm, or other entity which supplies the loan or mortgage used in the development and/or construction of a structure or a module of a structure. It is very often a financial institution such as a bank.
The contribution is the loan or mortgage used for the project. Advising on its financial arrangements without supplying that financing does not establish this role.
The loan can fund the development of a module within a larger structure. The provider need not finance every part of the whole object to have the stated connection to that module.
Related definitions
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asset manager
An organization holding title to a building on behalf of several owners, commonly through a real estate fund. -
financial association
An organization to promote common causes among various enrolled financial service providers. -
financial consultant
A company that advises firms or individuals on financial transactions and financial management. -
investment advisor
A financial specialist advising a prospective purchaser before and during a property acquisition. -
investor
A person or company providing capital for a structure's development in the hope of a financial return. -
leasing company
A company involved in leasing property for use by parties that do not acquire its ownership. -
mortgage bank
A nondepository lender specializing in mortgage loans made directly to its customers. -
pension fund
An investment fund established to provide retirement income for the people investing in it. -
valuation/rating
A firm that assesses the market value or another defined type of value of buildings or properties.